The first 'ICASE/LaRC Industry Roundtable' was held on October 3-4, 1994, in Williamsburg, Virginia. The main purpose of the roundtable was to draw attention of ICASE/LaRC scientists to industrial research agendas. The roundtable was attended by about 200 scientists, 30% from NASA Langley; 20% from universities; 17% NASA Langley contractors (including ICASE personnel); and the remainder from federal agencies other than NASA Langley. The technical areas covered reflected the major research programs in ICASE and closely associated NASA branches. About 80% of the speakers were from industry. This report is a compilation of the session summaries prepared by the session chairmen.